Fidelity Digital Assets describes the origins of the omnibus custody model in traditional finance and explores how and why digital asset custodians apply the omnibus model to securing customer assets. Author: Noelle Acheson
NetWalker Ransomware Gang Is Storing $7M in Bitcoin in SegWit Cold Storage
The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace Author: Danny Nelson
Electric Capital’s New $110M VC Fund Is 90% Institutions
Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital. Author: Zack Seward
Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K
Twitter hack alleged ringleader Graham Clark, the subject of a previous criminal investigation, had bail set at $725,000 at his first court appearance Saturday. Author: Paddy Baker
Crypto Long & Short: Does Decentralization Create Value or Destroy It?
This week, bitcoin rallied past $11,000 and value in DeFi climbed toward $4 billion. But what’s the point of crypto if regular markets are just as volatile? Author: Galen Moore
